BankPurely Review 2023
The Bankrate promise
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At a glance

CDs
Checking
Savings
MMA
About Bankrate Score
Overview
Consumers looking for a bank that supports environmental initiatives may find BankPurely a good choice. It offers a range of deposit products, many with competitive APYs.
Highlights
- Free Checking
- High APY

Bankrate Savings rating = 4.9/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Bankrate Savings rating = 4.7/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Bankrate Savings rating = 4.7/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Overall
BankPurely is a financial institution created for environmentally conscious consumers.
Pros
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BankPurely provides an eco-friendly banking option for environmentally conscious consumers.
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All deposit products pay APYs above the national average or better.
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Account holders have free access to thousands of ATMs.
Cons
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Only one CD term is offered.
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A steep $25,000 deposit is needed to open the money market account and earn interest.
BankPurely bank products
BankPurely savings overview
Pros
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BankPurely’s savings account requires only $100 to open.
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There’s no monthly service fee.
Cons
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The APY is above the national average, but you can find higher yields elsewhere.

Bankrate Savings rating = 4.9/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Bank experience
BankPurely says it’s a “purely digital experience, specifically crafted for people banking on a better world.” The bank offers tools and features to help support its eco-friendly mission, which includes online banking, as well as a mobile app for iOS and Android devices. Customers can deposit checks through the app.
Customer service representatives are available seven days a week from 7 a.m. to 11 p.m. Eastern time.
About BankPurely
BankPurely, a division of Flushing Bank, is a financial institution created for environmentally conscious consumers. The bank has no branches, helping to reduce its carbon footprint, and uses paperless bill pay and e-statements. BankPurely even says it will plant a tree for every account opened.
BankPurely offers a range of deposit products that pay competitive annual percentage yields (APYs) and charge no fees.
Review methodology
We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.